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The Financial Adviser Standards and Ethics Authority has finally cleared the way for higher education providers to seek accreditation of the degree and other courses they want to offer financial planners.
Industry Funds Services chief executive, Cath Bowtell has questioned how many independent financial adviser firms will survive in a post-Royal Commission world without cross-subsidies.
The Conference of Major Superannuation Funds has been told that the insurance inside superannuation code of conduct will become mandatory.
Professional indemnity insurance premiums are rising because fewer insurers are participating in the market and questions are being asked about whether small, self-licensed planning firms have pockets deep enough to adequately protect clients.
New research has confirmed what the life insurance already knew that most consumers simply don’t want to pay for life/risk advice – something which places new importance on the outcome of the 2021 Life Insurance Framework review.
